News Article Moscow Supermarket Industry On a Fast Tract With just 7% of Russia’s population, Moscow accounts for about 30% of national retail turnover. The average salary in Moscow is two-and-a-half times higher than the average Russian salary. The middle class is rapidly emerging, and in Moscow and St. Petersburg they represent about 20-25% In most western countries this figure is somewhere around 60 to 70%. By segment, according to the Moscow Trade Ministry, supermarkets account for 20-25% of retail turnover in the city, open air markets about 20% and traditional small shops the rest. The share of supermarkets continues to expand rapidly with planned store construction in Moscow and the surrounding area. The leading food retailers in Moscow are, Perektrestok, Kopeyka, Disksi, Auchan, a French retailer Spar, a Dutch retailer Metro, a German retailer, Seventh Continent, and Ramstore, a Turkish retailer with more studying the market for store locations. To date there has been no evidence of US supermarkets planning to enter Moscow. Everything about the new supermarkets is state of the art with beautiful shopping malls developed around the supermarkets that offer literally anything you could want or find in similar European supermarkets. In 2001, the Moscow government approved its general plan of the location of large shopping areas. Plans are to build 300 shopping centers in the city in the next 20 years. It is a market poised for growth and with a growing consumer base to support them. Read more about Al Vangelos				Other News Press Releases August 1, 2006 – Novelle Principal Awarded Presidential Volunteer Service Award December 20, 2005 – Sonora State, Mexico Completes Phase I of Development Plan April 26, 2005 – PMA Addresses Consumption, Industry Trends with Retailers, Growers in Mexico April 18, 2005 – Novelle Assists State of Sonora in Five Year Plan June 3, 2004 – BC Hot House Elected Russian Farm Project's Chairman of the Board Novelle In The Media April 10, 2006 – Novelle Takes on Winogrond and Obregon as Two Senior Principals April 6, 2006 – Novelle Adds Two New Senior Principals; Obregon and Winogrond July, 2005 – Agronegocios en Sonora (476KB PDF in Spanish) May 1, 2005 – Symposium Shines Spotlight on Sonora Agriculture On The Move Novelle in Guatemala Novelle in Central America Novelle Consulting in Zambia Novelle Consulting in the Balkans Novelle’s Indonesian Assignment Novelle in Southern Africa Novelle in former Soviet Union Novelle and Work in Colombia Bananas in Bangladesh Vegetables in Moldova Packing Plant in Moldova Quality Control in Moldova White Papers Novelle Consulting and EUREPGAP Moscow Supermarket Industry The 5-Year Agricultural Business Development Plan for Sonora, Mexico Marketing of Horticultural Produce in Asia–From Sonora Symposium

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